midsized business cyber risk News

4 Cyber Risk Misconceptions Popular with Midsized Firms

Despite frequent reports of hacking, cybercrime, security breaches and related events in all parts of the U.S., many middle market companies continue to underestimate their exposure to these attacks along with their need for focused risk management measures, which may …

50% of Risk Managers Bought or Increased Cyber Insurance in Last Year: HSB

Fifty percent of U.S. businesses have either purchased cyber insurance for the first time or increased their level of coverage in the last year, according to a survey of risk managers by The Hartford Steam Boiler Inspection and Insurance Co. …

Schinnerer Launches New Cyber Protection Package

Victor O. Schinnerer & Company has launched its Cyber Protection Package. Using Schinnerer’s online broker portal, brokers can quote a cyber policy in minutes by answering a few basic questions about their client. The Cyber Protection Package is designed for …

4 of 10 Mid-Sized Firms Have Had Data Breach: Survey

Forty-three percent of mid-sized businesses say they have experienced a data breach in the past three years and 13 percent have had a supplier’s data breach impact their business information. Also, according to The Hartford’s survey of midsize business owners …